Financial statements for Al Maha Petroleum Products Marketing Co. revealed a net profit increase by 3.1% to OMR 10.71 million ($27.9 million) for the period ended December 31, 2014, compared to OMR 10.4 million ($27.1 million) in 2013.
In its bourse filing to the Muscat Securities Market (MSM), Al Maha Petroleum reported a 16.1% surge in its revenues for 2014 to OMR 369.65 million against OMR 318.5 million in 2013.
Profits for the first nine months of 2014 reached OMR 8.8 million against OMR 8.54 million during the same period the year before.